Any takers on how long it will take the cabal to dump our Social Security escrows into the market?

Yael

(1000+ posts) Send PM | Profile | Ignore

Fri Jan-18-08 12:40 PM
Original message

Any takers on how long it will take the cabal to dump our Social Security escrows into the market?

:scared:

Printer Friendly | Permalink | | Top

spanone

(1000+ posts) Send PM | Profile | Ignore

Fri Jan-18-08 12:41 PM
Response to Original message

1. ah, that was their original plan, imagine where we would be today?

Printer Friendly | Permalink | | Top

Yael

(1000+ posts) Send PM | Profile | Ignore

Fri Jan-18-08 12:42 PM
Response to Reply #1

2. Yeah, I know. So what -- 6 months? 2?

Printer Friendly | Permalink | | Top

SammyWinstonJack

(1000+ posts) Send PM | Profile | Ignore

Fri Jan-18-08 12:45 PM
Response to Reply #2

3. Where is that damn lock box, when we need it most?

:argh: Some people, probably most, will have nothing more than their SS payments for retirement!

This really IS our money, you greedy pigs! Hands off!

Printer Friendly | Permalink | | Top

BleedingHeartPatriot

(1000+ posts) Send PM | Profile | Ignore

Fri Jan-18-08 12:49 PM
Response to Original message

4. As Treasury Secretary Paulson just said. Nothing is more important than the tax cuts.

If Social Security can preserve them, praise Jesus.

MKJ

Printer Friendly | Permalink | | Top

stray cat

(1000+ posts) Send PM | Profile | Ignore

Fri Jan-18-08 12:49 PM
Response to Original message

5. The dems are the only reason they haven't

not exactly "doing nothing"

Printer Friendly | Permalink | | Top

papau

(1000+ posts) Send PM | Profile | Ignore

Fri Jan-18-08 12:53 PM
Response to Original message

6. Dropping the Trust fund monies into the corporate bond market makes sense as it

removes the crap about the Trust fund does not exist - and stops the budget nonsense of reducing the reported deficit by the Social Security Surplus.

Any equity investment would be by index funds and over 10 or 20 years so as to have near zero impact on the market.

But the Bush take payroll taxes and put them in the market via individual accounts that invest in rquity would indeed have a major effect on the market - and expose individuals to risk that we do not need.

In contrast the add-on savings proposals - do not touch Social Security but give everyone a new benefit of a universal 401k - simply increases the savings rate and is a plus for the economy.

Printer Friendly | Permalink | | Top

DU AdBot (1000+ posts)

Thu May 16th 2024, 01:04 AM
Response to Original message

Advertisements [?]

Top

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.